ANALYSIS ON EUR/USDEUR/USD 1H - Price has recently traded into an area of Demand since trading into this area we have seen that price has put in some bullish structure.
Price has spent today to clear the gap that was left in the market from the open yesterday, I feel we will see a continuation in this bullishness, with this higher TF bias being a bullish one
I have gone ahead and marked out an area of Demand that I feel price may pullback into before continuing to trade us higher, this could act as an area to buy in from. We need to make sure this area in price holds.
Before we look to buy into this market we need to make sure we have the confluence needed. This will come from a penetration, rejection and fractal break in structure to the upside. I feel this could be the start of the next big impulse.